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General Trading Chat / Ideas

  • #8,881
  • Sep 22, 2019 2:46pm Sep 22, 2019 2:46pm
Quoting digger1
{quote} lol,, some shit ,, long term short term ,, price is above some shit or below some shit ,, whether its weekly or monthly or a hourly or a min ,, usually things not respected by those who cant do ,,,,,,,really,,,, how well respected is the industry as a whole ,, it is just a necessary evil in how things get done financially across the world , thanks to a bit of advancement in technology a normal person has a chance to participate a little easier than before ,, why one would give a shit about what the industry thinks is beyond me ,,, but good...
being optimistic its possibly one could get employment or a copy service though fxbook or simular to gain momentom a £3000 acount is not enough to make living from a low DD with steady gains is what industry seems to like who would invest longterm in a scalper? but on the other hand low DD AND POSSIBLY 3 TO 5% would be very atractive
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  • #8,882
  • Sep 22, 2019 2:47pm Sep 22, 2019 2:47pm
also spreed amd commission is a big factor
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  • #8,883
  • Sep 22, 2019 2:53pm Sep 22, 2019 2:53pm
Quoting Bk55
also spreed amd commission is a big factor
definitely some thing to consider ,, but even the slow moving turd the eur most days has at least 30 to 50 pip range as the bigger weekly play is setting up ,it really has went no where in about 3 weeks now ,, but still some shekels spit out , ,but all in ones preference for sure
  • #8,884
  • Sep 22, 2019 2:56pm Sep 22, 2019 2:56pm
One can skip thur what how many pairs available to trade and look for set ups or one can concentrate on a few pairs and get all one can out of what they offer up no matter what it does ,, many different ways to skin a cat onkly you can decide what works best for you ,, but I just myself sure as hell wouldnt worry about what the industry as a whole thought ,, but ths just me ,,to me tht is just part of the same ole tired drivel ,, oh you have to do it this way or tht way or tht is just not the way its done ,,, they already got to you lol,, jk bud but thts my thoughts on it
  • #8,885
  • Sep 22, 2019 2:59pm Sep 22, 2019 2:59pm
nothing wrong with h1 direction 15min entry or scalping if your accounts large enough to make a living from it. EU is dead for now you can trade other pairs wait for EU start moving
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  • #8,886
  • Sep 22, 2019 3:00pm Sep 22, 2019 3:00pm
the lowest time frame i trust is 30min
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  • #8,887
  • Sep 22, 2019 3:02pm Sep 22, 2019 3:02pm
Quoting digger1
One can skip thur what how many pairs available to trade and look for set ups or one can concentrate on a few pairs and get all one can out of what they offer up no matter what it does ,, many different ways to skin a cat onkly you can decide what works best for you ,, but I just myself sure as hell wouldnt worry about what the industry as a whole thought ,, but ths just me ,,to me tht is just part of the same ole tired drivel ,, oh you have to do it this way or tht way or tht is just not the way its done ,,, they already got to you lol,, jk bud...

i could run a high risk account along side the main account i gues
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  • #8,888
  • Sep 22, 2019 3:02pm Sep 22, 2019 3:02pm
whan i say high i mean 3%
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  • #8,889
  • Sep 22, 2019 3:04pm Sep 22, 2019 3:04pm
theres buyers on e chf support
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  • #8,890
  • Sep 22, 2019 3:06pm Sep 22, 2019 3:06pm
might need a 30pip stop though to give t fair chance
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  • #8,891
  • Sep 22, 2019 3:13pm Sep 22, 2019 3:13pm
a scalp would be hard here my stop would be 15pips tp1 would 10 from here i need better spot for scalp
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  • #8,892
  • Sep 22, 2019 3:14pm Sep 22, 2019 3:14pm
tp1 5min 200sma stop under low
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  • #8,893
  • Sep 22, 2019 3:35pm Sep 22, 2019 3:35pm
m1 in asia ,,, on mkt open ,, spread will be a bit high ,, bit high at rollover on a normal day ,,, and really barely asia ,, good time to mark a level or two ,,, but to trade ,, yea gonna be a bit costly ,, time of day thing look at what happens in asia ,, not a lot ,, the good shit happens later in the day when the big boys are all present ,, tht would be when both london and the usa are playing the chess match ,,,, there is the "when " a few lines drawn will give one roughly the how far to start with when the real day starts
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  • #8,894
  • Sep 22, 2019 3:53pm Sep 22, 2019 3:53pm
Not one I trade as aussie says just another chart ,,,ah what the hell ,,, chore time but if an entry comes around green line and I can catch it from phone ,,will take it ,, will take some profit at 10 or 15 pips with some and runners stp to even or plus one , better res above with the ole m15 200 in the picture ,, see where they end up if when it comes
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  • #8,895
  • Sep 22, 2019 4:02pm Sep 22, 2019 4:02pm
daily chart ,, near a support ,, hell its only asia,, big boys hours away yet weekly average price or a m30 200 in area on previous post ,,
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  • #8,896
  • Sep 22, 2019 4:09pm Sep 22, 2019 4:09pm
Asian markets tent to range i wouldnt expect high momentom breakouts during this session but it can happen so i think the support will hold spreads 3 pips on mine there a possible 42 pip target if i get the right entry if i do enter i will be looking to sclale a tp1 at around 10pips
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  • #8,897
  • Sep 22, 2019 4:13pm Sep 22, 2019 4:13pm
Quoting Bk55
Asian markets tent to range i wouldnt expect high momentom breakouts during this session but it can happen so i think the support will hold spreads 3 pips on mine there a possible 42 pip target if i get the right entry if i do enter i will be looking to sclale a tp1 at around 10pips
nope ,, but they have a sneaky way of still meeting patterns tht present themselves ,, one knows where res is ,, one knows where a previous weekly low is ,, pretty much the main levels one has right now with weekly open in the mix , any rate got to run bud ,, have fun grab all ya can ,,, the mkt will make more lol
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  • #8,898
  • Sep 22, 2019 4:17pm Sep 22, 2019 4:17pm
Quoting Bk55
Asian markets tent to range i wouldnt expect high momentom breakouts during this session but it can happen so i think the support will hold spreads 3 pips on mine there a possible 42 pip target if i get the right entry if i do enter i will be looking to sclale a tp1 at around 10pips
lol,, pretty much all asian mkts do unless a huge day the day before ,,or something huge happens somewhere in the world ,, they never rock the boat too much
  • #8,899
  • Sep 22, 2019 4:21pm Sep 22, 2019 4:21pm
yen news will shake up the yen pairs a bit but ,, such as the yen interest statement last week kicked a few things in gear ,, other wise a dull time to trade ,, a bit safe time to trade but dull
  • #8,900
  • Sep 22, 2019 4:32pm Sep 22, 2019 4:32pm
Quoting digger1
yen news will shake up the yen pairs a bit but ,, such as the yen interest statement last week kicked a few things in gear ,, other wise a dull time to trade ,, a bit safe time to trade but dull
i think chf yen looks bearish daily cant rule out a double top though
i use the cross also in analysis when trading chf or yen also usd yen and gold I like slow dull for range
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